High inflation in the United States would most likely haveA negative impact on the US dollar exchange rate A positive impact on the US dollar exchange rateA negative impact on the Gross National Producta positive impact on the gross national product The governments of the United States, Mexico, and Canada created the North Arnerican Free Trade Agreement in order to remove barriers to trading products between the three countries increase the prices on products common to all three countries prevent each of the three from trading with other countries decrease growth in South America's developing countriesExplain the difference between absolute advantage and comparative advantages. Provide an example to illustrate your explanation

Regional specialization in a product that countries have comparative advantage tends to encourage all of the following EXCEPT international trade. more competitive markets. O higher prices in global markets. more efficient uses of scarce resources